this isn't funny! if we don't raise it, the economy will melt down. and we could get into trouble!" [laughter] so the republicans said, "okay, if you're really that worried about it, poindexter, we might vote to raise it, but first we have to make massive budget cuts." the president said, "thanks, guys." [laughter] so far, the gop plan is working. they've got barry here over a barrel, and they are spanking him like a page in the senate cloakroom. [laughter] obama agrees to $4 trillion in cuts. but then, in a truly cynical move, obama pulls the old washington trick of asking for something in return. but house majority leader eric cantor explained that the republicans only concession will be "the fact that we're even discussing voting for a debt-ceiling increase." ok? they agree to negotiate, in return the president gives them everything they want.